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Western Union (WU) CEO receives large stock option and RSU awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

McGranahan Devin reported acquisition or exercise transactions in this Form 4 filing.

Western Union CEO and President Devin McGranahan reported equity awards that increase his direct holdings in company securities. He received an employee stock option covering 1,461,539 shares and two separate grants of common stock totaling 794,980 shares, all at a reported price of $0.00 per share as awards.

Footnotes explain that one grant is a performance-based restricted stock unit award vesting in full on March 2, 2029, while another restricted stock unit award vests in three equal installments on March 2, 2027, 2028, and 2029. The stock option vests in four equal installments on March 2, 2027, 2028, 2029, and 2030, in each case subject to his continued employment and award agreement terms.

Positive

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Insider McGranahan Devin
Role CEO & President
Type Security Shares Price Value
Grant/Award Employee Stock Option (Right to Buy) 1,461,539 $0.00 --
Grant/Award Common Stock 596,235 $0.00 --
Grant/Award Common Stock 198,745 $0.00 --
Holdings After Transaction: Employee Stock Option (Right to Buy) — 1,461,539 shares (Direct); Common Stock — 1,662,964 shares (Direct)
Footnotes (1)
  1. Represents a grant of performance-based restricted stock unit awards which vests in full on March 2, 2029, subject to the reporting person's continued employment with the Company and any applicable termination provisions contained in the award agreement. Represents a restricted stock unit award which vests in three substantially equal installments on March 2, 2027, 2028, and 2029, subject to the reporting person's continued employment with the Company and any applicable termination provisions contained in the award agreement. This option vests in four substantially equal installments on March 2, 2027, 2028, 2029, and 2030, subject to the reporting person's continued employment with the Company and any applicable termination provisions contained in the award agreement.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McGranahan Devin
(Last) (First) (Middle)
7001 EAST BELLEVIEW AVENUE
(Street)
DENVER CO 80237
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Western Union CO [ WU ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO & President
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/02/2026 A 596,235(1) A $0.0000 1,662,964 D
Common Stock 03/02/2026 A 198,745(2) A $0.0000 1,861,709 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $9.56 03/02/2026 A 1,461,539 (3) 03/02/2036 Common Stock 1,461,539 $0.0000 1,461,539 D
Explanation of Responses:
1. Represents a grant of performance-based restricted stock unit awards which vests in full on March 2, 2029, subject to the reporting person's continued employment with the Company and any applicable termination provisions contained in the award agreement.
2. Represents a restricted stock unit award which vests in three substantially equal installments on March 2, 2027, 2028, and 2029, subject to the reporting person's continued employment with the Company and any applicable termination provisions contained in the award agreement.
3. This option vests in four substantially equal installments on March 2, 2027, 2028, 2029, and 2030, subject to the reporting person's continued employment with the Company and any applicable termination provisions contained in the award agreement.
Benjamin C. Adams, As Attorney-in-Fact 03/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Western Union (WU) report for Devin McGranahan?

Western Union reported that CEO Devin McGranahan acquired equity awards, including a large stock option and two common stock grants. These are compensation-related awards, not open-market purchases, and are subject to multi-year vesting tied to his continued employment with the company.

How many stock options were granted to the Western Union (WU) CEO?

Devin McGranahan received an employee stock option covering 1,461,539 shares. According to the filing, this option was granted at a reported price of $0.00 per share as an award and vests in four equal installments from March 2, 2027 through March 2, 2030.

What restricted stock or RSU awards did Western Union (WU) grant to its CEO?

The filing shows two common stock grants totaling 794,980 shares as equity awards. Footnotes describe one grant as performance-based vesting in 2029 and another as time-based vesting in three equal installments in 2027, 2028, and 2029, subject to continued employment conditions.

Are the new Western Union (WU) CEO equity awards immediately vested?

No, the equity awards vest over several years. One performance-based restricted stock unit award vests in 2029, another restricted stock unit award vests in installments from 2027 to 2029, and the stock option vests in four installments from 2027 through 2030, all requiring continued employment.

Did the Western Union (WU) CEO buy shares on the open market in this Form 4?

The transactions reflect grants or awards, not open-market purchases. The filing classifies all three entries as acquisitions under transaction code A, indicating equity compensation awards with a reported price of $0.00 per share, subject to vesting terms in the award agreements.

How do these Western Union (WU) awards affect the CEO’s reported share holdings?

After these awards, the Form 4 shows updated holdings including the new option and stock awards. For example, one common stock line shows 1,861,709 shares following the transaction, indicating his direct ownership stake now reflects the additional granted equity, subject to vesting schedules.